Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
Thai Baht/British Pound (FOREX:THBGBP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for THBGBP
The long term trend has been UP since May 31st, 2019 at 0.024994
The intermediate term trend has been DOWN since Sep 5th, 2019 at 0.026471
The short term trend has been DOWN since Sep 13th, 2019 at 0.026384
Smart Scan Analysis for THBGBP
Based on a pre-defined weighted trend formula for chart analysis, THBGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.026223 | 0.026310 | 0.026078 | 0.026093 | -0.000130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.026223 | 0.026091 | 0.026095 | 2019-09-19 14:54:56 |